Compass Business Finance Limited

Reference number: 619678

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Authorised by the FCA

This firm is on the FCA register and authorised to carry out regulated activities.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When compassbusinessfinance.co.uk first appeared online, and whether it can receive email
  • What kind of line 01732 833477 is
  • Who else gives the postcode TN9 1GH
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FCA permissions and consumer protection

  • Lend or arrange credit No FSCS cover
    Consumer credit is not covered by the FSCS, so there is no compensation scheme if the firm fails.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (5 permissions)
  • Credit Broking
  • Debt Adjusting
  • Debt-counselling
  • Entering into regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)
  • Exercising/having right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement)

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
05649414
Company status
Active
Company type
Private limited company
Incorporated
8 December 2005 (20 years old)
Registered office
Compass House, Medway Wharf Road, Tonbridge, Kent, TN9 1GH, United Kingdom
Nature of business
  • Activities auxiliary to financial intermediation not elsewhere classified (SIC 66190)

Directors and company secretaries

Name Role Born Appointed Other companies
Mark David Nelson Director Mar 1980 8 Dec 2005 5 other companies
Jamie David Nelson Director Jan 1978 6 Apr 2006 2 other companies
David Malcolm Bunker Director Feb 1971 1 Apr 2019 6 other companies
Mark David Nelson Secretary Not published 8 Dec 2005 5 other companies

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
8
still active
8
are FCA-registered
2

In the full report: all 8 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The 2 on the FCA register
  • The 5 companies these 3 directors run together
  • All 4 people who have ever been directors, with their dates
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Filed accounts and finances

Year to 31 December 2024Small company accountsNot audited

Net assets

£7.92m

+14% from £6.95m

Cash at bank

£1.61m

+77% from £912k

Employees (average)

28

+12% from 25

Owed within a year

£27.8m

+23% from £22.5m

Assets and liabilities

In the full report: all 5 years of accounts

  • Every year from 2019 to 2024
  • The chart, over every year
  • Every filed figure, year by year
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About these figures
Turnover
Money taken from sales in the year, before any costs.
Profit before tax
What was left after the year’s costs, before corporation tax. A minus figure is a loss.
Net assets, or total equity
Everything the company owns minus everything it owes. A minus figure means it owes more than it owns.
Total assets and total liabilities
Everything the company owns, and everything it owes, on the last day of the year. The gap between them is its net assets.
Cash at bank
Money in the company’s accounts on the last day of the year.
Owed within a year, owed after a year
Debts and bills due in the next twelve months, and those due later.

There is no turnover or profit: small companies do not have to publish them.

Accounts filed at Companies House for company 05649414. Every figure is as filed, apart from total assets and total liabilities, which are added up from filed figures. Nothing is estimated.

Key dates in its history

Compass Business Finance’s history from the FCA register and Companies House, newest first.

Key events (6) All events (13)

2017

12 May 2017

  • Cbf Holdings Limited took control (75–100% of shares)
  • Mark David Nelson stopped being a part-owner

Companies House

2016

6 April 2016

  • Mark David Nelson became a part-owner (25–50% of shares)

Companies House

19 February 2016

  • Regulated by the FCA from this date
  • Became authorised by the FCA

FCA register

2005

8 December 2005

  • Incorporated at Companies House

Companies House

In the full report: all 13 events

  • All 13 events in its history (6 shown here)
  • Every director appointment and resignation: 5
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Firms connected to Compass Business Finance

Other FCA-listed firms that share a director, phone number or address with Compass Business Finance. A link shows who the firm is tied to, not whether either can be trusted.

connected firms
2
share a director
2

In the full report: all 2 connected firms, named

  • How each is linked: shared directors (2)
  • Who links each one: the named directors, with dates
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Firms like Compass Business Finance

Other firms of the same type (lender), nearest first.

In Tonbridge

Claratus Commercial Finance LimitedTonbridgeAuthorisedNew Deal Finance UK LtdTonbridgeAuthorisedAdaro Optics LimitedTonbridgeAuthorisedCM Tools LtdTonbridgeAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Compass Business Finance

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 8 other companies its directors have run, named
  • 3 background checks on its contact details
  • 5 years of accounts, charted
  • All 13 events in its history
  • 2 connected firms, named, and who links them

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Frequently asked questions about this firm

Is Compass Business Finance Limited FCA authorised?
Yes, Compass Business Finance Limited (FRN 619678) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since February 2016 and works as a lender. The FCA has placed no limits on its permissions.
What is Compass Business Finance’s phone number and website?
The FCA register lists the phone number 01732 833477 and the website compassbusinessfinance.co.uk for Compass Business Finance. If you were given different contact details, use these to check with the firm before going any further.
Is Compass Business Finance a scam or clone?
Compass Business Finance is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Compass Business Finance?
Its FCA permissions do not allow it to hold or control client money. Protection depends on which product you hold and how Compass Business Finance handles your money, so check the specific product before you commit. You can also refer complaints about Compass Business Finance to the Financial Ombudsman Service, free of charge.
Who owns Compass Business Finance?
Compass Business Finance is owned by Cbf Holdings Limited, which holds 75–100% of shares, 75–100% of votes and can appoint and remove the board, since 12 May 2017. Before that, it was controlled by Mark David Nelson.
Who runs Compass Business Finance?
Companies House lists 3 directors of Compass Business Finance: Mark David Nelson, Jamie David Nelson and David Malcolm Bunker.
How long has Compass Business Finance been in business?
The company was formed on 8 December 2005, and has held its current FCA authorisation since February 2016.
What do Compass Business Finance’s latest accounts show?
Its latest accounts, to 31 December 2024, show net assets of £7.92m (+14% from £6.95m) and cash at bank of £1.61m (+77% from £912k).

Sources and links

The full report on Compass Business Finance Limited

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